Paladin faces Karonga resistance to reopen Malawi uranium mine
Uranium miner Paladin Energy Ltd is facing resistance from residents of northern bordr district of Karonga on plans to reopen its Kayelekera mine, in Malawi, following the conditions that thecompnay...
View ArticleMalawi Kwacha floatation faulted – Economic expert
A professor in economics, Chinyamata Chipeta has spoken against the floatation of the Kwacha, saying the policy is wrong as the local unit continues to weaken further against the US dollar with the...
View ArticleMutharika assures investors of support as Toyota Malawi clocks 50yrs
Malawi President Peter Mutharika has said his government is committed to supporting all foreign investors in the country as their investments go a long way in contributing to the economic development...
View ArticleMalawi shop workers strike over wages
Shop workers in Malawi’s commercial city Blantyre on Monday started a stay away strike that seeks to push their employees especially Asians, Nigerians, Chinese and Lebanese to hike their monthly...
View ArticleFalling Kwacha, inflation to rise: Reserve Bank of Malawi raise bank rate
Reserve Bank of Malawi (RBM) has raised its policy rate back up to 25.0 percent as inflation is expected to accelerate to 25.4 percent in December due to rising food price and the depreciating kwacha...
View ArticleKalikuti Hotel blames ESCOM faulty wires for causing fire
The fire that gutted Kalikuti Hotel in Lilongwe last Friday may have been caused by faulty electric wires which sparked to start the fire, hotel manager has said. Misuchi Msumba, the hotel manager,...
View ArticleFuel prices to rise as Malawi Kwacha falls
Prices of commodities in local markets are going up and cash-strapped Malawi should brace for more torrid times as fuel prices are expected to follow suit. The price rise is expected to be discussed at...
View ArticleLimbe back to business as shop workers get pay increase
It’s now business as usual in the Limbe central business district (CBD) in Blantyre after shop owners agreed to raise wages for their staff who had earlier staged a sit-in strike pushing their...
View ArticleMalawi Kwacha hits all-time low: K520 to dollar
The Malawi Kwacha currency hashit the record low against the dollar as commercial banks quoted the local currency K520 per dollar, a loss of about 20 percent within two month. According to official...
View ArticleOil exploration in Lake Malawi ‘ok’, Karonga community pleased with Hamra Ltd...
United Arab Emirates-based Hamra Oil Holdings Limited have been commended by Karonga residents led by traditional and religious leaders as well as the clergy for sensitising the community on their...
View ArticleIMF team in Malawi to review economic programmes
The International Monetary Fund (IMF) is in Malawi for two weeks to discuss the country’s economy with various stakeholders.The team led by the new Mission Chief to Malawi, Oral Williams, will discuss...
View ArticleTNM Mpamba partners with AXA Coach Service
Premier mobile phone service provider, TNM has entered into a partnership with luxury bus service provider AXA that allows commuters to pay for their fare using TNM’s mobile money transfer service,...
View ArticleAirtel Malawi donate 1 tonne of waste paper to Dzandi Women Group for recycling
In a bid to conserve environment in the country, Airtel Malawi has donated a one tonne of waste paper to Dzandi Women’s Group for recycling into various products. Speaking during the donation ceremony...
View ArticleMalawians to pay more in new fuel prices as Kwacha continue to weaken
News of the move –motorists will have to dig deeper into their pockets following the upward adjustments of fuel prices by Malawi Energy Regulatory Authority (MERA). Nyasa Times understands that the...
View ArticleMalawi fuel shortage fears dismissed: Mera says no panick buying
Malawi Energy Regulatory Authority (Mera) has dismissed fears that country faces imminent fuel shortage. Mera chairperson Lyton Zinyemba said the public should not give in to such rumours and avoid...
View ArticleOBM staff assist LL orphanage with K400,000 worth of items
Staff from Opportunity Bank of Malawi (OBM) on Saturday, November 8, 2014 took time off their official business schedules to interact with orphans, guardians and management of Adziwa Orphanage located...
View ArticleIMF says Malawi economy in ‘lean season’: To consider unlocking credit...
As the economic woes continues biting Malawians, the International Monetary Fund (IMF) which froze its Extended Credit Facility (ECF) to Malawi due to cashgate scandal says it will consider to submit...
View ArticleTimes TV editor fetes rivals Nation journalists
Times Television news and current affairs editor Gracian Tukula on Tuesday hosted journalists from his company’s rival media empire Nation Publications Limited (NPL) to a sumptuous luncheon at a chic...
View ArticleMalswitch donates to ‘Keep Blantyre Clean campaign’
Malswitch has donated K300,000 to the Keep Blantyre Clean and Green campaign which Blantyre City Mayor Noel Chalamanda launched two weeks ago. Malswitch Chief Executive Officer Andy Kamkwalala said...
View ArticlePIL donates K10m to ‘Keep BT clean, green campaign’
Petroleum Importers Limited (PIL) has made a donation of K10 million to the ‘Keep Blantyre clean & green campaign’ which was launched by Blantyre City Mayor Noel Chalamanda on November 1, 2014....
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